https://www.taxtmi.com/caselaws?id=13716 The court ruled in favor of the Revenue, denying the deduction for commission paid to a foreign agent for promotion of exports under section 35B(1)(b)(iv) of the Income-tax Act, 1961. The court held that since the assessee did not maintain a branch or agency outside India as required by the provision, the commission payment did not qualify for the deduction. The decision emphasized the necessity for the assessee to have a physical presence outside India for sales promotion to be eligible for the deduction under the specified provision. en-us Tue, 09 Aug 2005 00:00:00 +0530 Wed, 01 Jul 2009 18:21:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13716 The court ruled in favor of the Revenue, denying the deduction for commission paid to a foreign agent for promotion of exports under section 35B(1)(b)(iv) of the Income-tax Act, 1961. The court held that since the assessee did not maintain a branch or agency outside India as required by the provision, the commission payment did not qualify for the deduction. The decision emphasized the necessity for the assessee to have a physical presence outside India for sales promotion to be eligible for the deduction under the specified provision. Case-Laws Income Tax Tue, 09 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13716